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Freehold Ground Rents, Flats 1-6, 14A Sussex Road, Chapeltown, Sheffield, South Yorkshire, S35 2XL

Guide Price
£16,000

Business rates & charges may apply

PUGH & COMPANY LIMITED, Manchester
SIZE

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SECTOR

Commercial property for sale

Key features

  • TO BE SOLD BY PUBLIC ONLINE AUCTION ON THE 27TH MARCH 2024.
  • PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION.
  • YOU MUST NOT RELY ON THE INFORMATION BELOW AND SHOULD VIEW FULL PARTICULARS AND ANY ADDENDUMS ON THE AUCTIONEER'S WEBSITE.

Description

Description

The Freehold ground rents to 6 purpose built apartments, shown blue on the adjoining plan, located in the heart of Chapeltown, a popular residential area to the north of Sheffield. The ground leases are for 125 years from 2020/21 with individual fixed ground rents of £249pa each giving an overall annual income of £1,494.

Location

Chapeltown is a long established area, some 7 miles to the north of Sheffield, well served by excellent facilities and conveniently placed for junction 35 of the M1, enabling ease of access to a number of regional centres. The flats are located on Sussex Road which runs between Arundle Road and Lound Side close to Asda and the railway station

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 26TH MARCH AND CLOSES ON WEDNESDAY 27TH MARCH.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

Tenancy

Notices were served under Section 5B of the Landlord and Tenant Act 1987 on the 21st November 2023 advising of the 27th March 2024 auction

Freehold Ground Rents, Flats 1-6, 14A Sussex Road, Chapeltown, Sheffield, South Yorkshire, S35 2XL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chapeltown Station0.1 miles
  • Elsecar Station2.9 miles
  • Middlewood Tram Stop3.8 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 114850FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PUGH & COMPANY LIMITED, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call PUGH & COMPANY LIMITED, Manchester on 01942 559576.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Map data ©OpenStreetMap contributors.

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